RE:RE:RE:RE:RE:Copper Futures 4.5155 +0.1900 (+4.39%)Very informative, thanks for the summary and the information,,. Perhaps we get some asay results on a few holes this calender year,,.
Posible 10 or 12 holes if they get the third drill going?
coppermonster wrote: on Sep 2nd after 4 weeks of drilling Adam said that 2 hole were done and 3 and 4 were in progress. I further confirmed in phone calls and in posts by members on MCE that 6 are done and 7-8 should be pretty much done.
You may want to follow this guy Malte on twitter who uses satellite images to track the drill locations. he has very accurate images and timelines. Mariusz mentioned him today in his video I think.
So yes, 7-8 holes are done.
Re permits. 46 holes in Brasiles are permited.
In NZ Oroco is drilling with Avisos, not permits. The initial Aviso allows for 9 pads, each pad can accomodate multiple holes. Solaris drilled 22 holes from 7 pads, so the 9 pads currently allowed under the first aviso will keep Oroco busy at least another month or two. A new aviso has been filed. This has to do with private vs federal surface right situation.
In Brasiles it is all private land and Oroco has an agreement with the landowner and was just able to file for a full permit for 46 holes including roads etc.
NZ is on federally owned land so Oroco had to form a another company to acquire the land rights to start working on the integrated permit. Until that is done they can drill under avisos which are simple notices, informing the federal land owner that they are drilling. The limitation is no new roads etc.